Overview
Rightfoot offers a platform as a service that enables secure authorization and access to financial data for financial institutions, fintechs, and app developers. It provides API-based integrations so customers can access up-to-date account and transaction information, while collecting and processing user activity data and location to tailor services and improve performance under strong security and privacy controls. The solution emphasizes regulatory compliance and clear pricing through subscriptions, usage-based fees, and partnerships, setting it apart with broad client support and a focus on secure data access. Its goal is to make it easy for other firms to securely access and use financial data in their applications, ensuring reliable data availability.
Work here?Claim your company
Simplify's take
What believers are saying
- Rightfoot raised $15 million in 2023 and launched Connect Magic for permissioned data access.
- 2026 product pages show continued development across consumer and business lending workflows.
- Its real-time balance tools directly address failed payments, defaults, and collections pain for lenders.
What critics are saying
- Plaid and Yodlee still control financial-data connectivity, limiting Rightfoot’s distribution leverage.
- Rightfoot’s tiny hiring footprint and few public customers signal weak enterprise traction by 2026.
- If Connect Magic stalls, Rightfoot becomes a feature, not a company, by 2027.
What makes Rightfoot unique
- Rightfoot sells credential-less, consent-based bank and debit-card data for lenders, not consumer banking.
- Its 2026 products target payments, servicing, and collections with live balance checks.
- Rightfoot’s site names Charitize, Inc. as the operating company, sharpening compliance accountability.
Help us improve and share your feedback! Did you find this helpful?
Funding
Industry standards